Guideline Value

Corporate

Guideline Value for T.P. Chathiram 20th Street

₹3800/sq.ft.

The guideline value for T.p. Chathiram 20th Street in Aminjikarai village (Annanagar SRO, Chennai zone) is Rs 3800 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Aminjikarai

Village

AnnaNagar

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹3800 /sq.ft.
From 1-4-2023 ₹3500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1000 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 ₹355 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 ( Near By Nolambur Eb Office )
044-29561062
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on T.p. Chathiram 20th Street

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T.P. Chathiram 20th Street guideline value

The current guideline value for T.P. Chathiram 20th Street is Rs 3,800 per sq.ft, effective from 1 July 2024. This street is located in Aminjikarai village, under the AnnaNagar SRO, and is classified as Residential Class III Type - II.

How the guideline value of T.P. Chathiram 20th Street has changed

The guideline value for T.P. Chathiram 20th Street has seen several revisions over the years. Starting from the 2002 revision, the value was Rs 355 per sq.ft. This increased significantly to Rs 1,000 per sq.ft in 2007, marking a 182% rise. The value then jumped to Rs 3,500 per sq.ft in 2012, reflecting a 250% increase. However, in the 2017 revision, the value decreased to Rs 2,345 per sq.ft, a decline of 33%. The following revision in 2023 saw the value rise to Rs 3,500 per sq.ft, followed by the current value of Rs 3,800 per sq.ft in 2024, which is a 9% increase from the previous year.

It is important to note that there is no figure available for T.P. Chathiram 20th Street in the 2003 revision. Overall, from 2002 to 2024, the guideline value has increased by 970%.

Guideline values in Aminjikarai

Aminjikarai village has a total of 99 streets under the AnnaNagar SRO that carry a 2024 guideline value ranging from Rs 3,300 to Rs 16,500 per sq.ft. The median guideline value in this area is Rs 4,400 per sq.ft, placing T.P. Chathiram 20th Street's current value below this median.

Stamp duty and registration fee for property in T.P. Chathiram 20th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,800 per sq.ft, the total guideline value amounts to Rs 38,00,000. The stamp duty at 7% would be Rs 2,66,000, and the registration fee at 2% would be Rs 76,000, bringing the total cost to Rs 3,42,000. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers T.P. Chathiram 20th Street?

T.P. Chathiram 20th Street is covered by the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. To find your SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Aminjikarai

The guideline value plays a crucial role in the registration process when buying or selling property in Aminjikarai. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When a property is sold, the buyer and seller must consider the guideline value to avoid any discrepancies during the registration process. The higher of the guideline value or the sale price will be used for calculating the applicable duties and fees.

Frequently asked questions

What is the current guideline value of T.P. Chathiram 20th Street?

The current guideline value of T.P. Chathiram 20th Street is Rs 3,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 355 per sq.ft in 2002 to Rs 3,800 per sq.ft in 2024, reflecting an overall increase of 970% over the years.

What is the registration office for T.P. Chathiram 20th Street?

The registration office for T.P. Chathiram 20th Street is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

How is stamp duty calculated for properties in T.P. Chathiram 20th Street?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the stamp duty would be Rs 2,66,000.

What are the other streets in Aminjikarai with the same guideline value?

Several other streets in Aminjikarai also have a guideline value of Rs 3,800 per sq.ft for 2024, including T.P. Chathiram 18th Street, T.P. Chathiram 22nd Street, T.P. Chathiram 17th Street, T.P. Chathiram 23rd Street, T.P. Chathiram 14,16th Street, and T.P. Chathiram 24th Street.